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Knicks' options are Sessions, Iverson

Ramon Sessions could receive a contract offer from the Knicks as early as Friday, assuming they don’t have a change of heart and shift their point-guard focus to Allen Iverson.Mike D’Antoni is said to favor Sessions, a restricted free agent who enjoyed a breakout season for Milwaukee last year. However, Iverson could be a cheaper alternative because the perennial All-Star is willing to accept a one-year contract that would cost the Knicks their $5.85 million mid-level exception. Sessions, 23, is hoping to receive a multi-year contract starting with the mid-level exception. The Bucks would have seven days to match the offer.

According to a team source, Knicks president Donnie Walsh and Iverson’s agent, Leon Rose, met two weeks ago to discuss the possibility of Iverson joining the Knicks. Iverson had a subpar year last season with Detroit and desperately wants to salvage his career.